C1C2Part 4Stamp duty land tax
Annotations:
Modifications etc. (not altering text)
C2
Pt. 4 modified (coming into force at 2 p.m. on 6.12.2006) by The Stamp Duty Land Tax (Variation of the Finance Act 2003) Regulations 2006 (S.I. 2006/3237), regs. 1, 2, Sch.
Introduction
42I1The tax
1
A tax (to be known as “stamp duty land tax”) shall be charged in accordance with this Part on land transactions.
2
The tax is chargeable—
a
whether or not there is any instrument effecting the transaction,
b
if there is such an instrument, whether or not it is executed in the United Kingdom, and
c
whether or not any party to the transaction is present, or resident, in the United Kingdom.
3
The tax is under the care and management of the Commissioners of Inland Revenue (referred to in this Part as “the Board”).
Pt. 4 construed as one with S.I. 2006/575, reg. 43 (6.4.2006) by The Pension Protection Fund (Tax) Regulations 2006 (S.I. 2006/575), regs. 1, 43(4)